Question: Managerial Accounting. Problem 4-15 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5] Sunspot Beverages, Ltd.., of Fiji uses the weighted-average method in its process costing system.
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Problem 4-15 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5] Sunspot Beverages, Ltd.., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Materials 70% Conversion 40% Units Work in process, beginning Started 265,000 Completed and transferred out Work in process, ending 255,000 60,000 75% 25% Materials Conversion $ 16,600 $ 178,400 $ 105,700 Work in process, beginning Cost added during June 5,000
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